Rcbc news and trends

NY Federal Reserve Partners With Bangladesh Bank To Sue Over $81M Hack
Legal // February 01, 2019

The Federal Reserve Bank of New York announced that it will formally assist Bangladesh Bank in a lawsuit to recover funds stolen by hackers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Wells Fargo Settles With Ecuadorian Bank Over 2015 Cyber Heist Case
Legal // April 17, 2018

Ecuador’s Banco del Austro and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, and that suit could have an impact on a planned suit by Bangladesh’s central bank. Get the Full Story Complete the form to unlock this article and enjoy...

Philippine DOJ Wants Former Bank Manager Charged In Bangladesh Heist
International // September 08, 2017

The Department of Justice in the Philippines has recommended that charges be lodged against a former bank manager who allegedly helped launder millions of dollars that were stolen from the central bank of Bangladesh in 2016. Get the Full Story Complete the form to unlock...

RCBC And Bangladeshi Minister Fight Over Blame In Massive Heist
Security & Fraud // November 30, 2016

RCBC, the Philippine lender, and a Bangladesh minister are fighting over who is to blame for tens of millions of dollars that were stolen from a New York bank and then disappeared in Manila, with RCBC balking at compensating Bangladesh Bank. Get the Full Story...

Quick Reads
SWIFT To Assist Bangladesh Bank After $81M Hack

February 04, 2019
SWIFT global payments network has agreed to help Bangladesh Bank  rebuild its infrastructure after hackers stole $81 million in 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, […]

NY Federal Reserve Partners With Bangladesh Bank To Sue Over $81M Hack

February 01, 2019
The Federal Reserve Bank of New York announced that it will formally assist Bangladesh Bank in a lawsuit to recover funds stolen by hackers. Get the Full Story Complete the...

Wells Fargo Settles With Ecuadorian Bank Over 2015 Cyber Heist Case

April 17, 2018
Ecuador’s Banco del Austro and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, and that suit could have an impact on a planned suit by Bangladesh’s...

Philippine DOJ Wants Former Bank Manager Charged In Bangladesh Heist

September 08, 2017
The Department of Justice in the Philippines has recommended that charges be lodged against a former bank manager who allegedly helped launder millions of dollars that were stolen from the...